Lara L. Lee - Apr 6, 2022 Form 4 Insider Report for MARRONE BIO INNOVATIONS INC (MBII)

Role
Director
Signature
/s/ Linda V. Moore, as attorney in fact
Stock symbol
MBII
Transactions as of
Apr 6, 2022
Transactions value $
$0
Form type
4
Date filed
4/8/2022, 04:06 PM
Previous filing
Jan 4, 2022
Next filing
Jul 5, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MBII Restricted Stock Units Award $0 +10.6K $0.00 10.6K Apr 6, 2022 Common Stock 10.6K Direct F1, F2
transaction MBII Restricted Stock Units Award $0 +25K $0.00 25K Apr 6, 2022 Common Stock 25K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Marrone Bio Innovations, Inc. common stock.
F2 Restricted stock units granted as compensation for serving on committees vest with respect to 100% of the total shares subject to the grant on April 6, 2022. Vested shares will be delivered to the reporting person upon the earlier of the reporting person's separation of service with the Company or immediately prior to a change in control event.
F3 Restricted stock units granted as compensation for serving on the board vest with respect to 100% of the total shares on April 6, 2023, with pro rata vesting based on days elapsed since grant in event of a change in control event prior to that date. Vested shares will be delivered to the reporting person upon the earlier of the reporting person's separation of service with the Company or immediately prior to a change in control event.